Press release
Industrial Tannic Acid Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Global Industrial Tannic Acid MarketIndustrial tannic acid is extracted from gall, generally pale yellow or light brown amorphous powder, which is oxidized when exposed to the air, deepening in color, odorless and astringent. Soluble in water, ethanol, acetone, ethyl acetate. It is mainly used in medicine, ink, printing and dyeing, leather and metallurgy industries and water treatment. Tannin has the functions of flocculation, deoxidation, scale inhibition and sterilization in the process of water treatment.
The global Industrial Tannic Acid market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Industrial Tannic Acid is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Industrial Tannic Acid is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Industrial Tannic Acid include Silvateam, Nutra Green Biotechnology, Tannin Corporation, Triveni Chemicals, Avenex Chemical Technologies, Vigon International, Spectrum Chemical, Mallinckrodt and Jiurui Biology & Chemistry, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
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Report Scope
This report aims to provide a comprehensive presentation of the global market for Industrial Tannic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Tannic Acid.
The Industrial Tannic Acid market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Industrial Tannic Acid market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Industrial Tannic Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
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Key Segmentations
By Company
• Silvateam
• Nutra Green Biotechnology
• Tannin Corporation
• Triveni Chemicals
• Avenex Chemical Technologies
• Vigon International
• Spectrum Chemical
• Mallinckrodt
• Jiurui Biology & Chemistry
• Wufeng Chicheng Biotech
• Zunyi Shi beiyuan chemical engineering
• Hubei Tianxin Biotech
• Nanjing Longyuan Natural Polyphenol Synthesis Factory
• Guangxi Lingshui Forest chemistry
Segment by Type
• Purity 81%-90%
• Purity 90%-93%
• Purity 93%-98%
Segment by Application
• Metallurgical
• Textile
• Coating
• Others
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